Skip to content
1 / 27
MLS® C14102280For SaleCondominium

601-117 Gerrard St

Church-Yonge Corridor, Toronto, Ontario M5B 2L4

Map
1 / 27
601-117 Gerrard St, Toronto, photo 1
Asking$339,900
Bedrooms
1+1
Bathrooms
1
Size
600–699sq ft
Per sq ft
$523at the range’s middle
Tax a year
$2,0262026 tax year
Built
31-50
Parking
0none
Days on market
Members

The brief

About 601-117 Gerrard St

601-117 Gerrard St is a 1+1-bedroom, 1-bathroom condo in Church-Yonge Corridor, Toronto, listed for sale at an asking price of $339,900 (MLS® C14102280).

SHOWS TO PERFECTION!! JUST MOVE IN AND PUT YOUR FEET UP! Open concept condo Boasting Newer Kitchen And Bathroom With Quartz Countertops And Luxury Vinyl Floor, Updated Flooring Throughout, Bright And Sunny With Master Bedroom With Sliding Door. West Facing, Close To All Amenities, Boutique Building , Only 13 Floors With Rooftop Terrace, 24 Hour Concierge, Visitor Parking, Gym, Party Room, Steps To All Amenities. Walk To Yonge Street And The Eaton's Centre. Guest Parking And Close To Public Transportation. Turn key unit! Move in and put your feet up! Almont 700 square feet! Could be turned into a 2 bedroom unit!

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Covers costs

    +$226/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 182 condos with 2 bedrooms for lease in Church-Yonge Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,026 / 2026
MLS® number
C14102280
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
31-50
Days on market
Size
600-699 sqft
Listed on
Parking
None, 0 Parking
Listing brokerage: REMAX CONNECT REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Church-Yonge Corridor
Municipality
Toronto

Building

Size
600-699 sqft
Building Age
31-50
Construction
Concrete

Inside

Bedrooms
1+1
Bathrooms
1
Bathroom Details
1 × 4pc Flat
Basement Type
Apartment
Kitchens
1

Parking

Garage Type
None
Additional Parking
0
Total Parking
0

Utilities

Cooling
Wall Unit
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Condo maint.
$854

Rooms

RoomSizeFeaturesLevel
Living3.4 × 5.33 mLaminate, Large Window, Combined W/DiningMain
Den2.44 × 2.97 mLaminate, Large WindowMain
Br3.05 × 2.44 mLaminate, French DoorsMain
Kitchen1.52 × 2.3 mQuartz Counter, Ceramic Floor, RenovatedMain
Bathroom2.51 × 2.0 mQuartz Counter, Ceramic Floor, RenovatedMain
Foyer3.2 × 1.46 mCeramic Floor, ClosetMain

Listing history

Buy/sell history for 601-117 Gerrard St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$339,900N/AFor SaleC14102280

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $67,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$67,980
Total mortgage amount
$271,920
Total interest payment
$193,380
Total purchase cost
$533,280
Mortgage payment
$1,551/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

8%

Monthly carrying cost

$2,574
$226per month
  • Carrying cost $2,574
  • Surplus $226

Rental income opens at $2,800, the median asking rent of 182 comparable homes for lease in Church-Yonge Corridor. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$3,574
Toronto municipal land transfer tax
$3,574
Total land transfer tax
$7,148
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$7,148
Total for first-time buyers
$0
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $339,900
$1,349
Ontario total
$3,574

Toronto’s municipal tax uses the same brackets at this price, so it adds another $3,574.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

17 records · 11 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 4.8 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 29,710 sq ft31 building permits issued within 250 m in the last 2 years14 open development applications within 250 mNearest airport: 3.1 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment Canada1 federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m45 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 4.8 m below ground nearbyThe middle water level in the well records within 500 m (317 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity5

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 31 building permits issued within 250 m in the last 2 years250 m
  • 14 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 3.1 km3.1 km
  • Mapped parcel: about 29,710 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 810 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

CR 4.0 (c2.0; r4.0) SS1 (x2091)

By-law

569-2013

Municipality

Toronto
Commercial Residential zone (CR)
  1. 1 4.0

    Density: total floor area is capped at 4.0 times the lot area.

  2. 2 c2.0

    Commercial floor area is capped at 2.0 times the lot area.

  3. 3 r4.0

    Residential floor area is capped at 4.0 times the lot area.

  4. 4 x2091

    Site-specific exception 2091: this site has rules of its own, written in the by-law.

  5. 5 SS1

    Standards set 1: the setback, height and coverage rules the by-law applies to this zone.

  6. 6 Where this is written

    Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2091)

  7. 7 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

3 building permits cleared at this address in the City’s file.

  • Electromagnetic LocksClosed

    Proposal for one mag lock install to the gate in fenced area that is part of means of egress including modification to fire alarm system, emergency light and signage.

    Issued November 23, 2021

  • Fire DamageInspection

    Proposal for fire damage repair in unit 206 of existing apartment building. See related 13269974-BR.

    Issued February 24, 2014

  • Backflow Prevention Devices (Water only)Closed

    Proposal to install 1 backflow prevention device in an existing residential condo.

    Issued June 25, 2010

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 349 GEORGE STOfficial plan or zoning amendmentUnder Review

    Lift the Hold application related to a new 10-storey building, containing 80 emergency shelter beds, 100 transitional shelter beds, 124 long-term care beds, 70 supportive housing units, and a 2,269 square metre community hub. The proposal would replace the existing Seaton House men's shelter. For more information about the proposal, go to: www.toronto.ca/george-street-revitalization


    150 m away

  • 339 GEORGE STOfficial plan or zoning amendmentUnder Review

    Lift the Hold application related to a new 10-storey building, containing 80 emergency shelter beds, 100 transitional shelter beds, 124 long-term care beds, 70 supportive housing units, and a 2,269 square metre community hub. The proposal would replace the existing Seaton House men's shelter. For more information about the proposal, go to: www.toronto.ca/george-street-revitalization


    150 m away

  • 345 GEORGE STOfficial plan or zoning amendmentUnder Review

    Lift the Hold application related to a new 10-storey building, containing 80 emergency shelter beds, 100 transitional shelter beds, 124 long-term care beds, 70 supportive housing units, and a 2,269 square metre community hub. The proposal would replace the existing Seaton House men's shelter. For more information about the proposal, go to: www.toronto.ca/george-street-revitalization


    150 m away

  • 335 GEORGE STOfficial plan or zoning amendmentUnder Review

    Lift the Hold application related to a new 10-storey building, containing 80 emergency shelter beds, 100 transitional shelter beds, 124 long-term care beds, 70 supportive housing units, and a 2,269 square metre community hub. The proposal would replace the existing Seaton House men's shelter. For more information about the proposal, go to: www.toronto.ca/george-street-revitalization


    160 m away

  • 325 GEORGE STOfficial plan or zoning amendmentUnder Review

    Lift the Hold application related to a new 10-storey building, containing 80 emergency shelter beds, 100 transitional shelter beds, 124 long-term care beds, 70 supportive housing units, and a 2,269 square metre community hub. The proposal would replace the existing Seaton House men's shelter. For more information about the proposal, go to: www.toronto.ca/george-street-revitalization


    170 m away

  • 315 GEORGE STOfficial plan or zoning amendmentUnder Review

    Lift the Hold application related to a new 10-storey building, containing 80 emergency shelter beds, 100 transitional shelter beds, 124 long-term care beds, 70 supportive housing units, and a 2,269 square metre community hub. The proposal would replace the existing Seaton House men's shelter. For more information about the proposal, go to: www.toronto.ca/george-street-revitalization


    170 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Condos for sale in Church-Yonge Corridor right now

For sale now
365
Median asking price
$580K

Middle half: $488K to $750K

New in 7 days
44

139 in 28 days

Price cuts
19%

71 listings

This home is asking 41% below the median, lower than three quarters of them.

See all homes in Church-Yonge Corridor

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
College StationTTC subway: Line 1 Yonge-University550 m
TMU StationTTC subway: Line 1 Yonge-University600 m
Wellesley StationTTC subway: Line 1 Yonge-University800 m
Queen StationTTC subway: Line 1 Yonge-University900 m
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train1.7 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Church Street Junior Public SchoolToronto DSBPublic · grades JK–6450 m72%Grade 6 average
École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–6500 m96%Grade 6 average
St Michael's Choir (Jr) SchoolToronto CDSBCatholic · grades 1–8 · French Immersion550 m99%Grade 6 average
Our Lady of Lourdes Catholic SchoolToronto CDSBCatholic · grades JK–8700 m66%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–12300 m86%Grade 9 math
Native Learning CentreToronto DSBPublic · grades 9–12450 m—
St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–12600 m96%Grade 9 math
Jarvis Collegiate InstituteToronto DSBPublic · grades 9–12600 m34%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Church-Yonge Corridor are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson